Computing optimal base-stock levels for an inventory system with imperfect supply

DOI10.1016/J.COR.2013.04.001MaRDI QIDQ336626zbMATH OpenOpenAlexWikidataFDO

Authors Donald P. Warsing, Worawut Wangwatcharakul, Russell E. King

Publication date 10 November 2016

Published in Computers \& Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.cor.2013.04.001

zbMATH Keywords

base-stock policyimperfect supplyinventorysupply risk

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05)

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Cites work

• An empirical evaluation of further approximations to an approximate continuous review inventory model
• Analysis of a (Q,r,T) inventory policy with deterministic and random yields when future supply is uncertain
• Continuous-review inventory problem with random supply interruptions
• Coordinated Replenishments in a Multi-Item Inventory System with Compound Poisson Demands
• Determining Safety Stock in the Presence of Stochastic Lead Time and Demand
• Explicit formulas for the order size and reorder point in certain inventory problems
• Inventory management under random supply disruptions and partial backorders
• Nonrobustness of the normal approximation of lead-time demand in a (Q,R) system
• On the optimal inventory equation
• On the Value of Mitigation and Contingency Strategies for Managing Supply Chain Disruption Risks
• Robustness of the normal approximation of lead-time demand in a distribution setting
• Supply interruptions in a lost-sales inventory system with random lead time
• The (S − 1, S) Inventory Policy Under Compound Poisson Demand
• The{Q,r)Inventory System With An Unreliable Supplier

Cited in

(6)

• Optimizing supply shortage decisions in base stock distribution operations
• Strategies for ensuring required service level for COVID-19 herd immunity in Indian vaccine supply chain
• A triple \((S, s, \ell)\)-thresholds base-stock policy subject to uncertainty environment, returns and order cancellations
• Using Stochastic Approximation Methods to Compute Optimal Base-Stock Levels in Inventory Control Problems
• A Markovian approach to modeling a periodic order‐up‐to‐level policy under stochastic discrete demand and lead time with lost sales
• EOQ with supply disruptions under different advance information regimes

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